CBN Charts Roadmap for Africa’s Resilience in Emerging Global Economic Order

The Central Bank of Nigeria (CBN) has called on African countries to embrace structural reforms, deepen regional integration and strengthen institutional credibility to position the continent for sustainable growth amid a rapidly changing global economic landscape. The call was made at the 7th Africa Emerging Markets Forum in Abuja, where policymakers, economists and development experts... Read More

Africa News

August 5, 2026

Premature Explosion Kills Five ISWAP Bombmakers, Medical Officer in Borno

Five suspected members of the Islamic State West Africa Province (ISWAP), including an alleged medical officer and four improvised explosive device (IED) specialists, were reportedly killed in a premature explosion while assembling explosives in Marte Local Government Area of Borno State. Intelligence sources, including security analyst Zagazola Makama, said the incident occurred at Maina Daya... Read More

Africa News

August 5, 2026

Tinubu Approves Up to 80% Military Pay Rise as Annual Wage Bill Hits N924bn

President Bola Tinubu has approved a salary increase of between 30 and 80 per cent for about 250,000 personnel of the Armed Forces, raising the military’s annual wage bill from N660 billion to N924 billion in the biggest upward review of military salaries under his administration. The new pay structure, which takes effect from September... Read More

Africa News

August 5, 2026

Court Dismisses NDC Suit Challenging Key Provisions of Electoral Act

The Federal High Court in Abuja has dismissed a suit filed by the Nigeria Democratic Congress (NDC) seeking to invalidate Sections 138 and 77(5) of the Electoral Act, 2026, ruling that the challenged provisions are constitutional and complement the 1999 Constitution. Delivering judgment on Tuesday, Justice Mohammed Umar held that the suit lacked merit and... Read More

Africa News

August 5, 2026

Sultan Denies Endorsing Tinubu’s 2027 Re-election Bid, Reaffirms Political Neutrality

The Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar, has distanced himself from reports claiming he endorsed President Bola Tinubu’s re-election bid ahead of the 2027 presidential election, insisting that he remains above partisan politics. In a statement issued on Tuesday by his media team and signed by Prince Bashir Adefaka, the revered traditional ruler described... Read More

Africa News

August 4, 2026

FG, WTO Chief Task Governors to Drive Nigeria’s Post-Reform Economic Growth

Vice President Kashim Shettima, Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, and other top government and business leaders have called on state governments to capitalise on Nigeria’s recent economic reforms by attracting investment, diversifying their economies and creating jobs. The leaders spoke at the Delta State Economic and Investment Summit 2026 in... Read More

Africa News

August 4, 2026

Tinubu Seeks China’s Partnership to Unlock Nigeria’s Marine Economy

President Bola Tinubu has called on the People’s Republic of China to partner with Nigeria through technical cooperation and the sharing of geophysical data to unlock the country’s vast marine resources and accelerate economic growth. The invitation was conveyed by Nigeria’s Permanent Representative to the United Nations, Ambassador Jimoh Ibrahim, during a keynote address at... Read More

Africa News

August 4, 2026

Nigeria’s Problem Is Execution, Not Budget, Says Okonjo-Iweala

Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has said Nigeria’s economic transformation will depend less on natural resource endowments or larger budgetary allocations and more on effective policy execution, infrastructure maintenance and strategic investment. Speaking as keynote speaker at the Delta State Economic and Investment Summit 2026, themed “Harnessing Our Strengths, Unlocking... Read More

Africa News, Breaking News

August 4, 2026

Navy Raids Bakassi Settlement, Destroys Suspected Militant Hideout

Personnel of the Nigerian Navy Ship (NNS) Victory have raided a coastal settlement in Bakassi Local Government Area of Cross River State, destroying what the service described as a suspected militant hideout during an intelligence-led operation. The operation targeted Ine Ikoridung settlement along the Dayspring axis, where suspected militants were believed to have relocated after... Read More

Africa News

August 4, 2026

Air Peace Launches Lagos–Conakry–Bamako Route, Boosts West Africa Connectivity

Air Peace has expanded its regional footprint with the launch of scheduled flights on the Lagos–Conakry–Bamako route, reinforcing its commitment to improving intra-African connectivity and promoting trade, tourism and economic integration across West Africa. The inaugural flight departed Murtala Muhammed International Airport Terminal 2 in Lagos on Saturday, August 1, marking another milestone in the... Read More

Africa News

CBN Charts Roadmap for Africa’s Resilience in Emerging Global Economic Order

Premature Explosion Kills Five ISWAP Bombmakers, Medical Officer in Borno

Tinubu Approves Up to 80% Military Pay Rise as Annual Wage Bill Hits N924bn

Court Dismisses NDC Suit Challenging Key Provisions of Electoral Act

Sultan Denies Endorsing Tinubu’s 2027 Re-election Bid, Reaffirms Political Neutrality

FG, WTO Chief Task Governors to Drive Nigeria’s Post-Reform Economic Growth

Tinubu Seeks China’s Partnership to Unlock Nigeria’s Marine Economy

Nigeria’s Problem Is Execution, Not Budget, Says Okonjo-Iweala

Navy Raids Bakassi Settlement, Destroys Suspected Militant Hideout

Air Peace Launches Lagos–Conakry–Bamako Route, Boosts West Africa Connectivity

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